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Crypto currency as a payment for Jewelry
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<blockquote data-quote="Kotolos" data-source="post: 657187" data-attributes="member: 19798"><p>Yes its a smart idea. not even exclusively for jewellery, for any buy/sell or transaction or eCommerce. Doesn't have to be bitcoin or ethereum, there are many other stable coins that can be used for this purpose that have instantaneous transaction times, very low transaction costs (cents) unlike other cryptocurrencies which can have an insanely high cost in reference to use with transactions buying and selling, and also having relatively stable prices short terms 1day-1week+ which avoids massive fluctuations and can result in money loss thru currency exchange rates. </p><p></p><p>XRP is an example that fits the above criteria.</p><p>Yeah can be great if both parties are willing to pay and accept crypto for any type of sale. Ive used crypto and xrp for gem sales and other transactions/eCommerce</p></blockquote><p></p>
[QUOTE="Kotolos, post: 657187, member: 19798"] Yes its a smart idea. not even exclusively for jewellery, for any buy/sell or transaction or eCommerce. Doesn't have to be bitcoin or ethereum, there are many other stable coins that can be used for this purpose that have instantaneous transaction times, very low transaction costs (cents) unlike other cryptocurrencies which can have an insanely high cost in reference to use with transactions buying and selling, and also having relatively stable prices short terms 1day-1week+ which avoids massive fluctuations and can result in money loss thru currency exchange rates. XRP is an example that fits the above criteria. Yeah can be great if both parties are willing to pay and accept crypto for any type of sale. Ive used crypto and xrp for gem sales and other transactions/eCommerce [/QUOTE]
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Crypto currency as a payment for Jewelry
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